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Replying to:
Archie_B
QuickBooks Team

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Thank you for joining the thread, DD1959. I understand how important it is to have flexible pricing options for retail, wholesale, and distributors.

 

In QuickBooks Desktop Premier, the direct option to set multiple price points for each inventory item is currently unavailable. However, you can achieve a similar result using the available features such as billing rate levels and price levels.

 

Billing rate levels allows you to set custom service rates for different employees and vendors, which is useful when a standard rate is insufficient. For instance, you may need varied rates based on an employee's experience or task difficulty. After creating and associating billing rate levels, QuickBooks automatically applies the correct rate when you invoice billable time.

 

On the other hand, Price levels allows you to customize pricing for various customers or jobs. Once set up and associated with customers or jobs, QuickBooks automatically applies the correct custom price on invoices, estimates, sales receipts, sales orders, and credit memos. You can also manually adjust prices on sales forms. But keep in mind that price levels are automatically used for billable time and reimbursable mileage but not for reimbursable items and expenses from purchase transactions or invoices created from estimates.

 

Here's an article with detailed instructions on how to set up and use billing rate and pricing levels: Set up custom rates or prices for employees, vendors, or customers.

 

But if you want to have more control and precision to set conditions for item price, you can also consider upgrading to QuickBooks Desktop Enterprise which has an Advanced Pricing option. 

 

Keep me posted if you still have further questions or need additional assistance about managing your inventory, DD1959. We’re here to help you optimize your QuickBooks experience and meet your business needs. Have a great weekend!

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